A lexicon of executive lingo, by Tony Thorne
REGIONAL INVERSION
The phenomenon whereby refocusing on intangibles and boosting post-industrial technocapitalism and new business ecologies can move wealth from where traditional industries have been based to completely new, formerly peripheral locations. Regional inversion can transform national or regional power structures and may force a paradigm shift in global investment strategies.
INTANGIBLE INFRASTRUCTURE
Post-2008 this has become the buzz-term in development, investment, and financial management, denoting human and social capital, rather than physical assets and the extent to which the emerging supereconomies, in particular the BRIC bloc (Brazil, Russia, India and China), have, or have not developed such ‘invisible’ potentials is said to be pivotal to their future prosperity. Credit Suisse claims to have formulated a set of indices for potential investors by which a nation’s II can be measured, while other specialists apply the concept to corporations as well as political entities.
Send your buzzwords, jargon and new and exotic usages to tony.thorne@kcl.ac.uk
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